Regency Centers Corporation (REG)
NASDAQ: REG · IEX Real-Time Price · USD
57.76
+0.47 (0.82%)
At close: Apr 18, 2024, 4:00 PM
57.79
+0.03 (0.05%)
After-hours: Apr 18, 2024, 7:30 PM EDT
Regency Centers Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Regency Centers stock have an average target of 70.42, with a low estimate of 60 and a high estimate of 75. The average target predicts an increase of 21.92% from the current stock price of 57.76.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for REG stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 2 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 10 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Initiates $60 | Hold | Initiates | $60 | +3.88% | Apr 18, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $75 → $72 | Strong Buy | Maintains | $75 → $72 | +24.65% | Mar 7, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $70 | Buy | Initiates | $70 | +21.19% | Feb 1, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $69 → $71 | Hold → Buy | Upgrades | $69 → $71 | +22.92% | Jan 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $71 → $72 | Strong Buy | Maintains | $71 → $72 | +24.65% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
1.46B
from 1.32B
Increased by 10.63%
Revenue Next Year
1.51B
from 1.46B
Increased by 3.42%
EPS This Year
1.95
from 2.04
Decreased by -4.49%
EPS Next Year
2.15
from 1.95
Increased by 10.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.7B | 1.8B |
| Avg | 1.5B | 1.5B | 1.6B |
| Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.0% | 13.5% | 16.1% |
| Avg | 10.6% | 3.4% | 4.6% |
| Low | 2.2% | -5.2% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.31 | 2.49 | 2.80 | 2.87 | 3.13 |
| Avg | 1.95 | 2.15 | 2.40 | 2.67 | 2.92 |
| Low | 1.77 | 1.85 | 2.10 | 2.51 | 2.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.2% | 27.7% | 30.3% | 19.3% | 17.1% |
| Avg | -4.5% | 10.5% | 11.6% | 11.2% | 9.3% |
| Low | -13.0% | -4.9% | -2.6% | 4.4% | 2.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.